Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the PULSE network, an automated teller machine, debit, and electronic funds transfer network; Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as provides payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

Community Sentiment

MarketBeat's community ratings are surveys of what our community members think about Discover Financial Services and other stocks. Vote “Outperform” if you believe DFS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DFS will underperform the S&P 500 over the long term. You may vote once every thirty days.

Based on earnings estimates, Discover Financial Services will have a dividend payout ratio of 30.50 % next year. This indicates that Discover Financial Services will be able to sustain or increase its dividend.

4.0 Company Ownership

In the past three months, Discover Financial Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $499,675.00 in company stock and sold $0.00 in company stock.

Miscellaneous

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Discover Financial Services (NYSE:DFS) Frequently Asked Questions

How has Discover Financial Services' stock been impacted by COVID-19 (Coronavirus)?

Discover Financial Services' stock was trading at $53.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DFS stock has increased by 13.9% and is now trading at $60.62. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 1 sell rating, 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Discover Financial Services.

When is Discover Financial Services' next earnings date?

How were Discover Financial Services' earnings last quarter?

Discover Financial Services (NYSE:DFS) issued its quarterly earnings results on Wednesday, April, 22nd. The financial services provider reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.09 by $2.34. The financial services provider earned $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. Discover Financial Services had a net margin of 15.39% and a return on equity of 20.38%. Discover Financial Services's revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.15 EPS. View Discover Financial Services' earnings history.

How often does Discover Financial Services pay dividends? What is the dividend yield for Discover Financial Services?

Discover Financial Services announced a quarterly dividend on Tuesday, April 21st. Investors of record on Thursday, May 21st will be paid a dividend of $0.44 per share on Thursday, June 4th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date is Wednesday, May 20th. View Discover Financial Services' dividend history.

How will Discover Financial Services' stock buyback program work?

Discover Financial Services declared that its Board of Directors has initiated a stock buyback program on Thursday, July 19th 2018, which authorizes the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 11.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for DFS?

17 Wall Street analysts have issued 1 year price objectives for Discover Financial Services' shares. Their forecasts range from $32.00 to $94.00. On average, they expect Discover Financial Services' share price to reach $66.64 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View analysts' price targets for Discover Financial Services.

News coverage about DFS stock has been trending somewhat positive on Sunday, InfoTrie reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Discover Financial Services earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutDiscover Financial Services.

Are investors shorting Discover Financial Services?

Discover Financial Services saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 7,550,000 shares, an increase of 12.5% from the April 30th total of 6,710,000 shares. Based on an average daily volume of 4,930,000 shares, the short-interest ratio is presently 1.5 days. Currently, 2.5% of the company's stock are sold short. View Discover Financial Services' Current Options Chain.

How do I buy shares of Discover Financial Services?

Shares of DFS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Discover Financial Services' stock price today?

One share of DFS stock can currently be purchased for approximately $60.62.

How big of a company is Discover Financial Services?

Discover Financial Services has a market capitalization of $18.57 billion and generates $13.99 billion in revenue each year. The financial services provider earns $2.96 billion in net income (profit) each year or $9.08 on an earnings per share basis. Discover Financial Services employs 17,200 workers across the globe.